REGISTERED NUMBER: 00286527 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Bray And Slaughter Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G M Jefferies

REGISTERED OFFICE:

Locks Mills Parson Street

Bedminster

Bristol

BS3 5RD

REGISTERED NUMBER:

00286527 (England and Wales)

ACCOUNTANTS:

P W John & Co

Parkview

23 Wadham Street

Weston-super-Mare

Somerset

BS23 1JZ

FIXED ASSETS

Tangible assets

4

997,075

996,085

CURRENT ASSETS

Debtors

5

3,417,013

1,691,810

Cash at bank and in hand

1,414,578

1,334,036

4,831,591

3,025,846

CREDITORS

Amounts falling due within one year

6

(4,090,418

)

(2,432,565

)

NET CURRENT ASSETS

741,173

593,281

TOTAL ASSETS LESS CURRENT LIABILITIES

1,738,248

1,589,366

CAPITAL AND RESERVES

Called up share capital

3,726

3,726

Capital redemption reserve

7

6,286

6,286

Retained earnings

7

1,728,236

1,579,354

SHAREHOLDERS' FUNDS

1,738,248

1,589,366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 July 2026 and were signed by:

G M Jefferies - Director

1.	STATUTORY INFORMATION

Bray And Slaughter Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires management to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis.

The key judgements and sources of estimation uncertainty that have a significant risk of resulting in material adjustment within the next financial year are described below.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write of each asset over its estimated useful life;

Freehold property

- not provided

Plant and machinery

- 20% on reducing balance

Fixtures and fittings

- 20% on reducing balance

Motor vehicles

- 25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts and finance leases where a significant portion of the risks and rewards of ownership is transferred to the Company, are classified as finance leases.

Leases other than finance leases are classified as operating leases. Payments made under operating leases are recognised as an expense in the income statement on a straight-line basis over the lease term.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on the going concern basis which assumes that the Company will continue in operational existence for the foreseeable future. This is in line with director's forecasts for the business over the next 12 months.

Revenue

Revenue is recognised to the extent that it is probable that economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Construction contracts

Where the outcome of a contract can be estimated reliably, contract revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date and profit is that estimated to fairly reflect the profit arising up to that date.

Where it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised immediately.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2025

950,000

197,229

288,387

32,495

1,468,111

Additions

-

-

12,639

-

12,639

At 31 March 2026

950,000

197,229

301,026

32,495

1,480,750

DEPRECIATION

At 1 April 2025

-

193,530

264,110

14,386

472,026

Charge for year

-

692

6,261

4,696

11,649

At 31 March 2026

-

194,222

270,371

19,082

483,675

NET BOOK VALUE

At 31 March 2026

950,000

3,007

30,655

13,413

997,075

At 31 March 2025

950,000

3,699

24,277

18,109

996,085

The director considers the fair value of the freehold property at the year end to be £950,000.

The historic cost of the freehold property was £1,249,068.

Cost or valuation at 31 March 2026 is represented by:

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

Valuation in 2024

150,000

-

-

-

150,000

Valuation in 2026

-

-

12,639

-

12,639

Cost

800,000

197,229

288,387

32,495

1,318,111

950,000

197,229

301,026

32,495

1,480,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

3,272,132

1,548,249

Other debtors

144,881

143,561

3,417,013

1,691,810

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

40,000

Payments on account

802,228

325,529

Trade creditors

1,578,202

1,134,586

Taxation and social security

795,633

424,996

Other creditors

914,355

507,454

4,090,418

2,432,565

7.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 April 2025

1,579,354

6,286

1,585,640

Profit for the year

148,882

148,882

At 31 March 2026

1,728,236

6,286

1,734,522

8.	DEFINED CONTRIBUTION PENSION SCHEME

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £70,292 (2025: £43,788).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

G M Jefferies

Balance outstanding at start of year

13,101

12,813

Amounts advanced

491

288

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,592

13,101

Interest is charged at 3.75% (2025 2.25%) on the loan account balances.